LIVE Trump Treasury secretary nominee Scott Bessent's confirmation hearing Bank of America and Morgan Stanley cement a Wall Street revival Profits more than doubled, and dealmakers are optimistic about the coming Trump presidency. Yahoo Finance • 3 hours ago C -0.05% WFC -1.45% Stocks meander with earnings rush, Bessent hearing in focus December retail sales signal strong end to year Trump team readies plan for Russia deal, Iran squeeze Fed's Waller: Rate cuts could come sooner than expected Restaurant CEOs are on the lookout for more egg inflation Mazda CEO on record sales, popular hybrids, and Trump tariffs US defense industry braced for tech shake-up under Trump Philly Fed's factory gauge surges by most since 2020 US weekly jobless claims increase more than expected Latest Amazon opens Cape Town walk-in centre as strives for market-share Cocoa Processing at Lowest Since 2020 as Chocolatiers Struggle Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025 Oil Falls on Prospect of Trump Weakening Russia Crude Sanctions China Vanke May Be Assumed by Authorities, Observer Says Tech groups sue US CFPB to block rule on payment apps, digital wallets Stocks, Bonds, Dollar Waver as Bessent in Focus: Markets Wrap Insurers balk at $19.7M claim on fake Basquiat paintings seized by FBI Popular J&J’s Top Rating at Risk Because of Intra-Cellular Deal Core CPI rises less than forecast as inflation pressures ease slightly in December Tesla Stock Is Soaring. Inflation Trumps the SEC. Bitwise Crypto Index ETP Delayed Until March by SEC BP cutting 4,700 jobs worldwide as part of cost-saving drive Daily Spotlight: Supply Chain Getting Back on Track The Best Warren Buffett Stocks to Buy With $1,000 Right Now Bessent confirmation hearing, Bank of America earnings: Yahoo Finance Wall Street will have its eyes on Washington today. President-elect Donald Trump’s pick to lead the Treasury Department, Scott Bessent, will answer questions from the Senate Finance Committee as part of his confirmation process. Yahoo Finance will carry the hearing live when it begins at 10:30 a.m. ET. Big banks are in focus again with Bank of America, Morgan Stanley, and US Bancorp. Trending tickers on Yahoo Finance include Taiwan Semiconductor Manufacturing Company, ASML Holding, and UnitedHealth Group. Key guests include:9:05 a.m. ET - Matt Bryson, Wedbush Securities Managing Director, Equity Research | Hardware9:05 a.m. ET - Marta Norton, Empower Chief Investment Strategist10:00 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist10:05 a.m. ET - Nathan Sheets, Citi Chief Global Economist & Former Under Secretary of the Treasury for International Affairs 03:18 Morgan Stanley and BofA report robust Q4 earnings 02:45 Well-known short-selling firm Hindenburg Research to close 02:32 UnitedHealth misses Q4 revenue forecast, medical cost challenges 05:34 Investor disappointment could 'risk' a sell-off Investment Ideas Build Your Wealth View More More News